RNS10 Feb 2022 07:27
10 February 2022
ROLLS-ROYCE COMPLETES SALE OF STAKE IN AIRTANKER HOLDINGS
Rolls-Royce (LSE:RR., ADR:RYCEY) announces the completion of the sale of our 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for cash proceeds of GBP189m. The completion of the transaction, which was announced on 13 September 2021, follows clearance from the relevant regulatory authorities. Proceeds from the transaction will be used to help rebuild the Rolls-Royce balance sheet in support of our medium-term ambition to return to an investment grade credit profile.
AirTanker Holdings Limited ow